Why the EPA Is Focusing on “Forever” Chemicals
In March 2023, the Environmental Protection Agency (EPA) proposed the first federal limits for six types of per- and polyfluoroalkyl substances, or PFAS, in public drinking water. PFAS are often called “forever” chemicals because they remain in the environment for a long time without breaking down.1
Studies have found that almost every U.S. resident has PFAS in their blood.2 And there are growing concerns that exposure to PFAS may cause cancer, increase cholesterol, impact fertility, interfere with the body’s natural hormones, and trigger developmental problems in children.3
Because of their stain-, water-, grease-, and fire-resistant qualities, PFAS were used for decades to make various kinds of goods, including carpet, clothing, nonstick cookware, food packaging, and fire-fighting foam, but they have since been removed from many consumer products.4
According to EPA estimates, the proposed rule would affect 3,400 to 6,300 contaminated public water systems — serving between 70 million and 94 million people. Required improvements could cost $772 million a year, with potential economic benefits of $1.2 billion a year from fewer cancers and other illnesses. Industry groups have warned that the compliance costs could be much higher.5
1–2, 4–5) The Wall Street Journal, March 13, 2023 3) Environmental Protection Agency, 2023
This information is not intended as tax, legal, investment, or retirement advice or recommendations, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek guidance from an independent tax or legal professional. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was written and prepared by Broadridge Advisor Solutions. © 2023 Broadridge Financial Solutions, Inc.
Rudy Rodriguez is insurance licensed in the states of GA and FL. Stuart Jones is insurance licensed in the states of AL, FL, GA, IL, MD, MS, NY, SD, TN, TX and VA. Kinship Wealth Partners offers advisory Services through EPG Wealth Management LLC, an SEC Registered Investment Adviser. Securities offered through Arkadios Capital, a broker/dealer, Member FINRA/SIPC. Kinship Wealth Partners, EPG Wealth Management LLC, and Arkadios Capital are not affiliated through any ownership. Certain individuals associated with or employed by Kinship Wealth Partners, may be registered with EPG Wealth Management LLC and/or Arkadios Capital. Past performance does not guarantee or is indicative of future results. This summary of statistics, price, and quotes has been obtained from sources believed to be reliable but is not necessarily complete and cannot be guaranteed. All securities may lose value, may not be insured by any federal agency and are subject to availability and price changes. Market risk is a consideration if sold prior to maturity. Information and opinions herein are for general informational use only and subject to change without notice. This material does not constitute an offer to sell, solicitation of an offer to buy, recommendation to buy, or representation as the suitability or appropriateness of any security, financial product, or instrument, unless explicitly stated as such. Link to SIPC https://www.sipc.org/ Link to FINRA https://brokercheck.finra.org/ Privacy Policy SIPC FINRA ADV Brochure